Industry News
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Homebuyers gather at Empire Group headquarters to claim condotels(02-18-2020)
A lot of buyers of Cocobay Danang gathered at the headquarters of Empire Group in Tay Ho district, Hanoi, demanding that the developer either hands over overdue units or terminates the contracts and reimburses them after reneging on their yield commitment.
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Hanoi hands out red books to foreigners(02-18-2020)
Six foreign organisations and 35 foreigners were granted red books to purchase a number of apartments in Hanoi.
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Hanoi grants property certificates to foreign institutions, individuals(02-18-2020)
Vietnam has for years allowed foreign institutions and individuals to buy and own houses, but few people have succeeded in winning the ownership certificates.
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Wading through current condotel entanglements(02-18-2020)
The condotel market has been stagnant for the last two years and many developers are falling on hard times. Kevin B. Hawkins, co-executive partner from Zico Law Vietnam, offers suggestions to help developers in the country cope.
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Condotel buyers to be granted land use rights, ownership certificates(02-18-2020)
The Ministry of Natural Resources and Environment has written to its subordinates across localities calling for the issuance of land use rights and ownership certificates of fixed terms for buyers of condotel products.
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Rising tourist arrivals in Ba Ria-Vung Tau underline need for recreational properties(02-18-2020)
Given the surging demand for tourism in Ba Ria-Vung Tau, especially during major holidays, the hospitality sector may soon find itself overloaded.
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Vietnam condotel owners to get title deeds(02-17-2020)
Condotel owners are finally set to get titles to their properties with the government issuing guidelines to local authorities for the purpose.
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Real estate market scenario for 2020: capital flows continue to suburban eco-cities(02-17-2020)
With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers.
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What drives Vietnam real estate companies to explore opportunities in foreign markets?(02-17-2020)
The most obvious benefits of offshore investment include assisting domestic real estate businesses to diversify their portfolios, increasing cooperation opportunities with a broader business network, and seeking new investment potential.
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HCMC, Hanoi office space among Asia Pacific’s most sought after(02-17-2020)
HCMC and Hanoi were among the best office markets in terms of investor returns across Asia Pacific last year thanks to rising rent and occupancy.
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New document released to regulate use of non-residential real estate(02-17-2020)
The Ministry of Natural Resources and Environment (MoNRE) has sent a document to local departments to regulate the use and certification of non-residential real estate projects.
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Property industry business group calls on HCM City to ease developers’ pain(02-15-2020)
The HCM City real estate market is facing several problems including multiple agencies having overlapping functions and other administrative bottlenecks, high land-use fees and suspension of all build-transfer projects, according to the HCM City Real Estate Association (HoREA).
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Viet Nam’s real estate companies invest in foreign markets(02-15-2020)
More and more domestic real estate firms have begun to seek investment opportunities in global markets, according to Savills Việt Nam.
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Property Insight: An insight into Vietnam’s thriving property market(02-14-2020)
Property Insight is considered the only valuable source of information providing extensive knowledge from diversified angles for real estate investment.
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Phan Thiet hospitality industry to develop further thanks to slew of new highways, roads(02-14-2020)
More investment would be made into roads between Phan Thiet and Dau Giay and the DT.719 coastal road, the southern province of Binh Thuan has said.
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Hanoi, HCM City office markets comparable with regional metropolises(02-13-2020)
The two cities were among few regional metropolises offering investors high investment returns in 2019.
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Large retail formats to dominate city’s retail market(02-13-2020)
Large retail formats will dominate the retail property market in HCM City, especially destination and lifestyle malls in township projects, market researchers have predicted.
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HCMC seeks to convert 384 hectares of farmland into urban land(02-13-2020)
The HCMC government has proposed the prime minister allow it to change the use purpose of 384 hectares of agricultural land in its outlying district of Hoc Mon into urban land to reduce pressure on the inner-city areas.
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ALPHANAM’s kickoff to international hospitality excellence in Vietnam(02-12-2020)
Founded in 1995, Alphanam continues to grow and is currently developing real estate projects in a great number of Vietnam’s provinces; tapping into the country’s untapped potential. Alphanam has developed two international hotel projects along the coast of Danang: the Four Points by Sheraton and Altara Suites, contributing to the country’s high-quality hospitality segment.
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Nam O resort set to commence construction soon(02-10-2020)
The Trung Thuy Group has completed a co-operation deal with American architect Bill Bensley to develop the Nam O Eco-tourism project in the central city’s coastal Lien Chieu District.
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